Mphasis Technical Analysis

According to the latest Pivot data, Mphasis’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹2292.5, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹2311.7, ₹2328.4, and ₹2347.6, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹2275.8, ₹2256.6, and ₹2239.9, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mphasis’s price movement.